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People who have earned great amounts of wealth do not get it by stealing it, they provide a product or service in which others choose to purchase. The more peop
by dylanjermiah 11y ago
People who have earned great amounts of wealth do not get it by stealing it, they provide a product or service in which others choose to purchase. The more people which the product or service provides value to the more wealth the person will make.
Like him or not, Justin Bieber has proved valuable to quite a large sub set of the population.
- crimsonalucard 11y agoI never accused rich people of being thieves. I didn't say Justin Bieber stole his wealth. Justin Bieber is not a wise custodian of wealth. Wealth is not magically redirected away from stupid people towards smart people is all I'm saying. Many smart people are not rich, just like how many people who are rich are also stupid. The loaded term "wise custodians" as if rich people are benevolent caretakers of the world's wealth due to their infinite wisdom is what I'm attacking here. I would say, if placed under equal circumstances, the intelligence and benevolence of rich people is more or less the same as all people in general. We should be in agreement on that.
- dylanjermiah 11y agoMy mistake, the parent commenter was incorrect. Wealth goes to those who provide value to other people. (in a free market).
- cactusface 11y agoBut a person of great value (read: someone who provides great value) depends on many people of lesser value, and so on and so forth, in order to provide that value.
- dylanjermiah 11y ago>depends on many people of lesser value They do not. A person of great wealth can purchase a good or service from a person of less relative value. Otherwise, I don't understand what you're saying?
- cactusface 11y agoThe person of lesser value has to provide the value to the person of greater value, in order for the person of greater value to be able to provide their greater value to the world at large. Thus the person of greater value depends on the person of lesser value. Even in simple terms, it's likely that a person of lesser value than you made your underwear, but you still need that person so that you can make all the the money you do being more valuable to the world than them. Or from another perspective, all wealth is relative, which means you cannot have great wealth without great poverty.